Thursday, March 27, 2008

Brave new World-China Invest. Corp. to buy Dresdner Bank

China Investment Corp in 'intensive talks' to buy whole of Dresdner Bank

By Editor Reuters writes that, “China sovereign wealth fund China Investment Corp (CIC) is in ‘intensive talks’ to buy the whole of Allianz’s Dresdner Bank, a German newspaper [the Sueddeutsche Zeitung (SZ)] reported on Thursday, citing industry ...

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